Pierrot Chamber Music Festival Inc

Analysis

Pierrot Chamber Music Festival Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pierrot Chamber Music Festival Inc reported income of $64k and spending of $58k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $64k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pierrot Chamber Music Festival Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Bakken Trio ($64k), Vermont Philharmonic Inc ($64k) and Pomerene Center for the Arts Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.